ES Journal Archive (2006 - 2008)

Spectre2007 · Jul 6, 2007

1530 needs to be tested to have any validity during RTH.

to prevent bonds from selling off. equities have to be deflated.

trendy at 1531 currently.

Lance Carson · Jul 6, 2007

Sold 1536.75

mbusch · Jul 6, 2007

Quote from mbusch:

at 0856 EDT
L 1533.50
SS 1532.00 (1.5 points)
PT1 1539.50 (6 points)
PT2 1552.00 (18.5 points)

NOTE: Bought one unit only in Globex session. Will look to add to long position and raise sell stop after open of RTH.

Stopped out for -1.5.

Spectre2007 · Jul 6, 2007

OMFG, they killed Kenny!!, those bastards!!

all that supply that brought us here is being used to contain the move up. To kill all the longs that tagged along on the move up.

1520 test of the trendy.

price pattern was signaling a great deal of distribution up above.

mbusch · Jul 6, 2007

Quote from Lance Carson:

Sold 1536.75

Nice entry!

Resistance at 1537 remains valid. Looking for possible long entry around 1530.00-1528.50. If we get below 1528, next stop looks to be 1523.

Lance Carson · Jul 6, 2007

Out 1532 +4.5pts

Spectre2007 · Jul 6, 2007

1533.50 long..sl 1531

woohoo we are going up to make new highs.

puts his rally hat back on.

staying long till end of day..

apex82 · Jul 6, 2007

Quote from apex82:

The support held premarket and moved to a new high just missing the resistance zone. It is clear the sellers mean business in that area. However, I want to be looking for longs around 1533 until that area is taken out in RTH. The support has already been used premarket therefore reducing its validity.

Stepping in and taking a small position long at 1533.50 stop at 1532.

target 1 1538
target 2 1540
target 3 trailed

still long unit 3 from yesterday with Breakeven stop from yesterday at 1530.

Stopped out for -1.5 market looks good to go to upside but I am not taking any new positions due to the spikes and risk.

still long unit 3 from 1530

I am on the sidelines until we can get a pullback allowing me to jump back on board with minimal risk.

saxon22 · Jul 6, 2007

Short 1 car at 1536, 37, 38. Stop 1541 Trget 1535

osorico · Jul 6, 2007

Quote from saxon22:

Short 1 car at 1536, 37, 38. Stop 1541 Trget 1535

Just a matter of time before you blow up. GL with that strategy.

Quote from Spectre2007:

1533.50 long..sl 1531

woohoo we are going up to make new highs.

puts his rally hat back on.

staying long till end of day..

Talk about trade what you think, not what what you see :eek:

mbusch: CONGRATULATIONS! Seems you've found your groove.

apex: What can be said, you TradeSniper

Good trading to all
Osorico